People in Houston line up to fill their empty propane tanks
Ten years ago, plunging temperatures forced rolling blackouts across Texas, leaving more than 3 million people without power as the Super Bowl was played outside Dallas.
Now, with a near identical scenario following another Texas cold snap, Texas power regulators are being forced to answer how the unusually cold temperatures forced so much of the state’s power generation offline when Texans were trying to keep warm…
To start, experts say, power generators and regulators failed to heed the lessons of 2011 — or for that matter, 1989. In the aftermath of the Super Bowl Sunday blackout a decade ago, federal energy officials warned the grid manager, the Electric Reliability Council of Texas or ERCOT, that Texas power plants had failed to adequately weatherize facilities to protect against cold weather…
But the repeat of the events of a decade ago is raising questions in Austin as to whether the state has failed to ensure power companies are adequately protecting equipment from the elements. At the peak of the blackout, some 45,000 megawatts of generation capacity were offline, leaving more than 4 million Texans without power.
RTFA. Texas’ political hacks seem to be as incompetent, ignorant, as any other politicians that complain about. State, federal, regional, maybe on Mars. They copout on their responsibilities to Texans. Then, try to blame someone else, somewhere else.
❝ An experiment led by Assistant Professor Linda Thunstrom, of the Department of Economics in UW’s College of Business, found that Christians who suffer such adversity value thoughts and prayers from religious strangers, while atheists and agnostics believe they are worse off from such gestures…
❝ The debate over the value of “thoughts and prayers” has come to the forefront as a result of the verbal responses of political and other leaders to mass shootings and natural disasters such as hurricanes and wildfires. Some critics argue that expressing sympathy through thoughts and prayers is a meaningless gesture in response to tragedy — and that, in some cases, it’s an excuse to not take action…
❝ Specifically, the study found that, on average, Christian hurricane victims value prayers from a Christian stranger at $4.36, and $7.17 from a priest. In contrast, non-religious people are willing to pay $3.54 for a Christian stranger and $1.66 for a priest to not pray for them.
Likewise, Christians value thoughts from a religious stranger at $3.27, while non-religious people negatively value the same gesture at -$2.02.
You can find details over here. Chuckles pretty much anywhere.
❝ The carnage on the British high street from the likes of House of Fraser and Homebase naturally leads to calls for blood from internet retailing behemoth Amazon.com Inc. Enter Chancellor of the Exchequer Philip Hammond, who last week said he was strongly considering an “Amazon tax” to help retailers. Conservative Scottish lawmaker Ruth Davidson lent her support this week.
❝ For a start, let’s just get one thing straight. Amazon didn’t kill the British high street.
The U.K. store chains that have collapsed this year did so because they didn’t have the right products at the right prices, invest enough in their businesses, or stay up to date with consumer trends. Associated British Foods’ Primark faces exactly the same pressures as everyone else, and doesn’t even sell via the internet. But it has prospered…
❝ True, the retail landscape is being reshaped by the continued growth of online shopping. And the tax system needs to be adjusted accordingly. There must be some leveling between bricks-and-mortar stores, which are both property- and people-heavy, and online-only merchants, which are less so.
RTFA for suggestions which make economic and fiscal sense. Something often as absent from the British Parliament as they are in the US Congress.